Call Walker & Associates to order valuations pertaining to Mecklenburg foreclosures

Real Estate Owned Appraisals in Mecklenburg County

Homes in foreclosure and homes that have reverted to the bank's ownership bring forth particular appraisal problems.

It's key to ascertain the meanings of "market value" and a "quick disposition" assessment to analyze what losses you could realize when dealing with a home in foreclosure. Walker & Associates has the knowledge in both furnishing snapshots of market value for our mortgage originating clients, in addition to "quick sale" forecasts that understand your time line.


	You need a company with the training to deal with the specific dynamics of a foreclosure appraisal. For a company you can trust, contact Walker & Associates.

Owners of homes in foreclosureunfortunately can present particular challenges: They may be disinclined to allow an inspection of the property. They may have left the home already and/or ignored the care of the home for some time - or even worse, caused damage to the property.

For a home that has already reverted to REO, you likewise will be going for an expeditious disposition. In any case, you'll still want to consider three ways of looking at the value of the real estate at hand:

As Repaired. Value with the repairs called for to make the property marketable at full market value - consistent with similar properties in the area

As-is. The market value of the home without any work done to it

Quick sale. Somewhere in between, with minimal investment in repairs - to get rid of the home quickly, probably as a "fixer-upper"

Again, we understand your timeline and the unique circumstances of a bank owned home, in addition to the special information you'll need - competing listings, market trends, and the like. You can bank on Walker & Associates to handle the appraisal of your REO professionally and efficiently. Contact us today.